Design and Risk

consequences of failure, or risk = [vulnerability x probability of occurrence x cost (or magnitude)] / mitigation or preparedness

Using the concepts in this equation, combined with your readings on design, analyze the risk of a current engineered device or structure or

system of your own choosing. What factors impact vulnerability? What factors impact probability of occurrence? what factor impact cost? what

factor impact mitigation or preparedness? What have the designers done (in this specific case) to reduce risk of failure? Are any standards or

codes involved in the design?

Your total response should be at least 500 words. Also, please include a brief (a paragraph) reflection on the is assignment — what was the

most interesting thing you learned? How might you connect what you learned from this assignment to your other courses, jobs, life, etc.?

Source should be from the text; Go to amazon kindle, and check the book “drift into Failure” in Library category.
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